ING Groep (ING) Stock Forecast & Price Target

$16.90

-0.30 (-1.74%)

(As of 10/22/2024 ET)

ING Groep - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 3 Analyst Ratings

Sell
0

Hold
2

Buy
1

Based on 3 Wall Street analysts who have issued ratings for ING Groep in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 3 analysts, 2 have given a hold rating, and 1 has given a strong buy rating for ING.

Consensus Price Target

N/A

ING Analyst Ratings Over Time

Type	Current Forecast 10/24/23 to 10/23/24	1 Month Ago 9/24/23 to 9/23/24	3 Months Ago 7/26/23 to 7/25/24	1 Year Ago 10/24/22 to 10/24/23
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)
Hold	2 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	N/A
Forecasted Upside	N/A	N/A	N/A	N/A
Consensus Rating	Moderate Buy	Buy	Buy	Hold

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ING Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ING Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

ING Groep Stock vs. The Competition

Type	ING Groep	Finance Companies	S&P 500
Consensus Rating Score	2.67	2.48	2.50
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	N/A	13.95% Upside	7.90% Upside
News Sentiment Rating	Neutral News See Recent ING News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target
10/22/2024	Barclays 3 of 5 stars		Downgrade	Overweight ➝ Equal Weight
10/17/2024	Citigroup 3 of 5 stars	M. Romero Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
10/9/2024	Deutsche Bank Aktiengesellschaft 3 of 5 stars		Downgrade	Buy ➝ Hold
2/3/2023	Societe Generale Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
12/7/2022	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Raul Sinha Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		€13.00 ➝ €13.40
11/18/2022	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	€14.00 ➝ €16.00
11/7/2022	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform ➝ Sector Perform	€11.75 ➝ €13.00
11/7/2022	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Johan Ekblom Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		€15.00 ➝ €15.80

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 05:30 AM ET.

Should I Buy ING Groep Stock? ING Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, October 13, 2024. Please send any questions or comments about these ING Groep pros and cons to contact@marketbeat.com.

ING Groep
Bull Case

Here are some ways that investors could benefit from investing in ING Groep:

ING Groep N.V. provides various banking products and services in multiple countries, offering diversification and potential for growth.
Recent developments in the company's Retail and Wholesale Banking segments show a strong focus on expanding and improving services.
With a solid presence in the European market, ING Groep has the potential to capitalize on economic recovery in the region.
The current stock price of ING Groep is favorable for investors looking for a value opportunity.
Innovative solutions and digital banking initiatives by ING Groep demonstrate a commitment to staying competitive in the industry.

ING Groep
Bear Case

Investors should be bearish about investing in ING Groep for these reasons:

While the company operates in multiple regions, this also exposes it to geopolitical and economic risks that could impact performance.
Inghams Group Limited and Ingenta plc are not related to ING Groep, so investors should be cautious of potential confusion in the market.

ING Forecast - Frequently Asked Questions

: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ING Groep in the last year. There are currently 2 hold ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ING shares.
: According to analysts, ING Groep's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.
: Over the previous 90 days, ING Groep's stock had 2 downgrades and 1 upgrade by analysts.
: ING Groep has been rated by research analysts at Barclays, Citigroup, and Deutsche Bank Aktiengesellschaft in the past 90 days.
: Analysts like ING Groep more than other "finance" companies. The consensus rating for ING Groep is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how ING compares to other companies.

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This page (NYSE:ING) was last updated on 10/23/2024 by MarketBeat.com Staff

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ING Groep (ING) Stock Forecast & Price Target